IFM Investors’ Active Equites team applies a quantitative investment approach with a fundamental overlay to three key investment strategies. We believe that alpha can be sourced from repeatable and predictable behavioural biases, specifically momentum and value investing. We recognise that purely quantitative driven strategies that rely on systematic factor screens are insufficient and may falter over time, so our fundamental overlay seeks to mitigate certain risk factors (i.e. value traps, crowded trades) that purely quantitative driven strategies tend to ignore. The Active Equites team has a formal commitment to fundamental research and continued improvement to investment processes.